Structured Notes: New deals update

Wind farm sea 1 Feb 2021
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Recent structured note activity in USD.

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USD:

 

  • ANZ Banking sold a $15m 15y NC3 zero coupon callable (non-Formosa). The EMTN matures Aug 2037 and is callable every five years starting Aug 2025. Self-led. Estimated IRR 4.25%. Announced Aug 12.

     

  • IBRD is working on a $100m fixed callable via BMO maturing Aug 2027 NC1 that pays 3.7%. GMTN.

     

  • JP Morgan is working on a self-led fixed callable maturing Aug 2024 NC6m that pays 4.1%. Domestic MTN.

     

  • JP Morgan is working on a self-led fixed callable maturing Aug 2026 NC1 that pays 4.3%. Domestic MTN.

     

  • Bank of America is working on a self-led fixed callable maturing Aug 2025 NC1 that pays 4.16%. Domestic MTN.

     

  • Citigroup is working on a self-led fixed callable maturing Aug 2024 NC1 that pays 4%. Domestic MTN.

     

  • Nomura is working on a self-led floating callable maturing Aug 2027 NC1 that pays 2y SOFR flat. EMTN.

     

  • HSBC is working on a self-led $48.5m fixed callable maturing Aug 2023 NC6m that pays 3.6%. EMTN.

     

  • Credit Suisse is working on a self-led fixed callable maturing Sep 2023 NC6m that pays 3.65%. Domestic MTN.

     

  • UBS is working on a self-led step-up callable maturing Aug 2024 NC3m that pays 3.25% to Nov 2023 and 3.45% thereafter. EMTN.

     

  • Royal Bank of Canada is working on a self-led step-up callable maturing Aug 2023 NC6m that pays 3.4% to Feb 2023 and 3.5% thereafter. EMTN.

     

  • Royal Bank of Canada is working on a self-led fixed callable maturing Aug 2023 NC6m that pays 3.7%. GMTN.

     

  • Royal Bank of Canada is working on a self-led fixed callable maturing Feb 2024 NC1 that pays 4%. Domestic MTN.

     

  • Royal Bank of Canada is working on a self-led fixed callable maturing Aug 2025 NC1 that pays 4.25%. GMTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Aug 2025 NC6m that pays 4.2%. Domestic MTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Aug 2027 NC1 that pays 4.5%. Domestic MTN.

     

  • Bank of Montreal is working on a self-led fixed callable maturing Aug 2024 NC1 that pays 4.05%. Domestic MTN.